View From a Height
Commentary from the Mile High City
Friday, September 19, 2003


People are complaining about Colorado not creating new jobs, but this doesn't appear to be true. The state unemployment rate is up slightly, but this appears to be almost entirely a result of people moving into the state. According to the Denver Chamber of Commerce numbers (PDF), released August 5, the June unemployment rate is at 6.0%, up from a YTD average of 5.8%. But the total state workforce is up almost 54,000 people. So while 8,000 more are unemployed, almost 46,000 new members of the workforce are, well, working.

People are coming to state, many from place like California, where their grandparents went to find work. And since I don't see people standing out at major intersections with signs telling the Oakies and Arkies that they're not wanted, maybe we're not doing so badly, after all.

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